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Hi everyone
Thank you in advance for taking the time to read my post, and for any assistance. I appreciate that there are many similar posts and I have read several to try and get a basic understanding of my situation.
I have today received the CCJ paperwork from the court in Northampton, the claimant being Restons. The debt relates to an unsecured personal loan from Halifax that I took out for £6.5k in 2012. The loan was offered and completed via my online banking account.
As background, I entered into a DMP after defaulting on some debts after losing my job. I was unable to keep up with payments of my rent, basic outgoings and loan etc when I was unemployed and in receipt of JSA, and a DMP seemed my best option when faced with a barrage of letters and phone calls chasing payments. I did not want to avoid my debts as I willingly borrowed the money, but needed to take a longer time to repay them due to a huge change in my circumstances.
It was a horrible situation which spiralled into depression, medication and a horrible few months. Since then, I have managed to find a job am off the medication and have been meeting my monthly DMP payments, taking gradual steps to become debt free. I, perhaps foolishly, assumed that all of my debts were being paid each month and I just needed to continue doing the same.
I will hold my hands up and say I am not the best at checking my post and upon returning home from visiting family over Christmas and New Year I went through my unopened mail and discovered a letter from Restons dated 25/11/16 threatening court action and a deadline of 9/12/16 to respond to them (which I had missed). I forwarded this to my DMP provider but have not yet received a response on how to proceed. Today, I received the inevitable court forms from Northampton.
When checking my recent DMP statements, I had made payments for this debt but more recently the payments made were zero. I am assuming this could be from when Cabot acquired the debt from Halifax. Again I take responsibility for not querying this previously but naively assumed I was making the required payments.
So I am looking for any advice possible for the best way to now proceed. I rent accommodation, have no assets of real value, and minimal savings. Just to complicate things I will be moving abroad within the next 6 weeks to start a new job. Obviously I would like to avoid a CCJ if possible as I had started to see a gradual improvement in my credit rating - but accept that through my fault this may well now be inevitable.
Any help is greatly appreciated.
Thank you in advance for taking the time to read my post, and for any assistance. I appreciate that there are many similar posts and I have read several to try and get a basic understanding of my situation.
I have today received the CCJ paperwork from the court in Northampton, the claimant being Restons. The debt relates to an unsecured personal loan from Halifax that I took out for £6.5k in 2012. The loan was offered and completed via my online banking account.
As background, I entered into a DMP after defaulting on some debts after losing my job. I was unable to keep up with payments of my rent, basic outgoings and loan etc when I was unemployed and in receipt of JSA, and a DMP seemed my best option when faced with a barrage of letters and phone calls chasing payments. I did not want to avoid my debts as I willingly borrowed the money, but needed to take a longer time to repay them due to a huge change in my circumstances.
It was a horrible situation which spiralled into depression, medication and a horrible few months. Since then, I have managed to find a job am off the medication and have been meeting my monthly DMP payments, taking gradual steps to become debt free. I, perhaps foolishly, assumed that all of my debts were being paid each month and I just needed to continue doing the same.
I will hold my hands up and say I am not the best at checking my post and upon returning home from visiting family over Christmas and New Year I went through my unopened mail and discovered a letter from Restons dated 25/11/16 threatening court action and a deadline of 9/12/16 to respond to them (which I had missed). I forwarded this to my DMP provider but have not yet received a response on how to proceed. Today, I received the inevitable court forms from Northampton.
When checking my recent DMP statements, I had made payments for this debt but more recently the payments made were zero. I am assuming this could be from when Cabot acquired the debt from Halifax. Again I take responsibility for not querying this previously but naively assumed I was making the required payments.
So I am looking for any advice possible for the best way to now proceed. I rent accommodation, have no assets of real value, and minimal savings. Just to complicate things I will be moving abroad within the next 6 weeks to start a new job. Obviously I would like to avoid a CCJ if possible as I had started to see a gradual improvement in my credit rating - but accept that through my fault this may well now be inevitable.
Any help is greatly appreciated.
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